ECJ – BELGIUM CARTEL FINE REDUCED – DANONE
October 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Court of Justice's Court of First Instance has cut a Euro 44 million cartel fine levied by the European Commission on French drinks company Groupe Danone, albeit to Euro 42.4 million. The court accepted that the Commission had proved illegal collaboration between Danone and Alken-Maes, the Belgian arm of Inbev (previously Interbew), to divide the Belgian beer market.However, it found that the Commission had failed to prove Danone behaved worse than Interbrew, inflating its fine. Specifically, judges found Commission officials had not ...
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